2. Sample Papers
  3. Railways

Railways Sample Paper RRBs Assistant Loco Pilot and Technician CBT STAGE-I Sample Paper-18

  • question_answer
    The difference between the simple interest and compound interest on a certain sum of money for 2 yr at 4% per annum is Rs. 1. The sum is

    A)  Rs. 2500          

    B)  Rs. 2400

    C)  Rs. 2600          

    D)  Rs. 625

    Correct Answer: D

    Solution :

    We known that the SI and CI on a certain sum of money fro 2 yr at r% per annum is Rs. x, then \[P=x{{\left( \frac{100}{r} \right)}^{2}}\] Here, x = Rs. 1, r = 4% \[\therefore \]\[P={{\left( \frac{100}{4} \right)}^{2}}={{(25)}^{2}}=\,\,Rs.\,\,625\]


You need to login to perform this action.
You will be redirected in 3 sec spinner